NOT LISTED FOR SALE

Estimated Value: $635,000 - $744,000

-- Bed
3 Baths
2,025 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $570,000 $281 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,191/month

30 Days on Market

Highlights

  • Traditional Architecture
  • 2-minute walk to Baltimore Avenue And 44Th Street
  • Radiator
  • Penn Alexander School Rated A-
  • No HOA
  • 3-minute walk to Clark Park

About This Home

As of December 2020

Rare Triplex opportunity in Penn Alexander catchment. This home is located within walking distance to University of Pennsylvania, University of the Sciences, Drexel, and only a few blocks from Clark Park. All 3 units are occupied and ready for investors looking for immediate rental income. This building also comes with coin operated laundry in the basement. Showings will start 10/24 and to coordinate with our tenants, a minimum of 24 hours notice is needed in order to show this property.

Last Agent to Sell the Property

Steve Clark

OCF Realty LLC - Philadelphia License #RS334148 Listed on: 10/21/2020

OCF Realty LLC - Philadelphia

Last Buyer's Agent

Dennis Carlisle

OCF Realty LLC - Philadelphia License #RS330429

OCF Realty LLC - Philadelphia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,105

Year Built

  • Built in 1900

Lot Details

  • 2,400 Sq Ft Lot
  • Lot Dimensions are 20.00 x 120.00

Home Design

  • 2,025 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Masonry

Schools

  • Penn Alexander Elementary And Middle School

Utilities

  • Cooling System Utilizes Natural Gas
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 272066300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,105

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Rare Triplex opportunity in Penn Alexander catchment. This home is located within walking distance to University of Pennsylvania, University of the Sciences, Drexel, and only a few blocks from Clark Park. All 3 units are occupied and ready for investors looking for immediate rental income. This building also comes with coin operated laundry in the basement. Showings will start 10/24 and to coordinate with our tenants, a minimum of 24 hours notice is needed in order to show this property.
  • Special Features: None

Interior Features

  • Total Sq Ft: 2025
  • Living Area Sq Ft: 2025
  • Price Per Sq Ft: 298.72
  • Above Grade Finished Sq Ft: 2025
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 4414

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: THE SCHOOL DISTRICT OF PHILADELPHIA
  • Elementary School: PENN ALEXANDER SCHOOL
  • Middle School: PENN ALEXANDER SCHOOL
  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 300200397108
  • School District Source: Listing Agent
  • Elementary School: PENN ALEXANDER SCHOOL
  • Middle Or Junior School: PENN ALEXANDER SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 309995.00
  • Land Assessed Value: 54705.00
  • Land Use Code: N50
  • Lot Size Acres: 0.06
  • Lot Dimensions: 20.00 x 120.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2400.00
  • Year Assessed: 2020
  • Zoning: RSA3

Rental Info

  • Total Actual Rent: 37500.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1047027
  • School Tax: 2801.00
  • Tax Annual Amount: 5105.00
  • Assessor Parcel Number: 272066300
  • Tax Lot: 121
  • Tax Total Finished Sq Ft: 2025
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/21/2020

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jan 18, 2021
Sold by
Remy Joseph P and Remy Diane Z
Bought by
Evandy Llc
Seller's Agent
Steve Clark
OCF Realty LLC - Philadelphia
Buyer's Agent
Dennis Carlisle
OCF Realty LLC - Philadelphia
List Price
$610,000
Sold Price
$570,000
Premium/Discount to List
-$40,000
-6.56%
Current Estimated Value
$701,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,667
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Apr 16, 1986
Bought by
Remy Joseph P and Remy Diane Z
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Evandy Llc $570,000 Fetch Settlement Svcs Llc
Remy Joseph P $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Remy Joseph P $111,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $570,000 -5.8% $281 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/09/2020 11/09/20 Price Changed $604,900 -0.8% $299 / Sq Ft
10/21/2020 10/21/20 For Sale $610,000 -- $301 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,400 $650,000 $130,000 $520,000
2024 $4,400 $650,000 $130,000 $520,000
2023 $4,400 $314,300 $62,860 $251,440
2022 $4,400 $314,300 $62,860 $251,440
2021 $5,105 $0 $0 $0
2020 $5,105 $0 $0 $0
2019 $4,915 $0 $0 $0
2018 $3,396 $0 $0 $0
2017 $3,396 $0 $0 $0
2016 $3,396 $0 $0 $0
2015 $3,251 $0 $0 $0
2014 -- $242,600 $72,318 $170,282
2012 -- $28,768 $5,394 $23,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH945950

Bright MLS

APN: 272066300